The Bitcoin sub-fund was incorporated as a Bermuda exempted company and is registered as a segregated account company receiving funds at Citibank London.

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In a recent report, " The Implications of the Global Financial Crisis for Low-Income Countries, " the Fund singled out sub-Saharan Africa as particularly vulnerable to the crisis, as lower global growth reduces export demand and depresses commodity prices.

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Spencer Bachus, a Republican congressman who leads the congressional sub-committee that oversees the fund, smelt a political rat and quickly began to investigate.

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The firm recently announced it would start raising a sub-Saharan Africa private-equity fund.

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Goldman is accused of misleading investors because it allegedly didn't let investors know that a hedge fund which was betting that sub-prime mortgages would fall in value was helping to pick the securities that made up the portfolio.

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According to the United Nations Children's Fund (Unicef), around 40m children in sub-Saharan Africa get no basic teaching.

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The fund is co-managed by Hugh Simon of Dreyfus sub-advisors Hamon US Investment Advisors in Hong Kong.

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Much of the fund is destined to be directed to AIDS relief endeavors in sub-Saharan Africa, where millions have been infected by HIV and AIDS. Some of the money would also be applied to efforts to eradicate malaria and tuberculosis.

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Prudential Annuities Service misrepresent that Prudential VA customers allow Prudential to transfer assets of Prudential VA customers between their own sub-accounts while PI transfers assets Prudential VA customers between accounts of Prudential Series Fund and VA entrusted Fund without agreements and knowledge of underlying Prudential VA customers.

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However, financial industry lobbyists were successful in having Glass-Steagall repealed in 1999, which resulted in banks becoming heavily involved in brokerage, mutual fund, and proprietary trading activities, as well as the packaging and promotion of questionable investment products like sub-prime mortgages.

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